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  • Candlestick 10:50 am on April 30, 2015 Permalink | Reply
    Tags: AUDCHF, candlestick chart patterns   

    AUDCHF Candlestick cancel sell Pattern Video 

    AUDCHF Candlestick cancel sell Pattern Video


    Second bar from right side

    Cancelled previous bar

    Here is video

    AUDCHF Candlestick cancel sell Pattern Video


    Volatility in Price Action Trading

    Volatility has multiple meanings in trading.
    For price action trading volatility is very important.
    Price action trading depends on the price movement of the market.
    In price action trading, volatility can be described as predictability.
    Volatility in Price Action Trading
    The main ones are-
    Respect for horizontal support / resistance.
    Respect for trend lines.
    Respect for moving averages.
    Relative bar sizes.
    If price cleanly bounces off a previous area of support or resistance (a price point, moving average, or trend line)
    then price action is fairly predictable.
    This makes it simpler to trade – so these are the charts we constantly seek out.
    And if price breaches an otherwise strong line of support / resistance, this is an early warning that price may be about to do something new.
    The additional point here is relative bar size.
    If the candlesticks have been historically small and of a similar size, this is what traders would expect in the future.
    If they suddenly become very large (by comparison) or develop extended wicks then clearly this market has become more volatile – and less predictable.
    This may simply be a case of transforming to a “new normal” which we may be able to trade in the future –
    but for now it may be better to stand aside and see what develops.
    On the other hand, if bars have been large and become very small it would be an indication that the momentum has run its course.
    Learn to judge what is “normal” for the chart you are analyzing.
    Both phenomena can often be observed at the very beginning or very end of a trend.
    Price is telling traders that a change is underway.
    Traders need to take heed – and take appropriate action if necessary.


    If you want to trade with 5 minutes Candlestick Charts…

    • Candlestick 5:00 pm on April 16, 2015 Permalink | Reply
      Tags: candlestick chart patterns, EURGBP   

      EURGBP candlestick sell force + lost direction 

      EURGBP candlestick sell force + lost direction

      EURGBP go down

      EURGBP candlestick sell force + lost direction

      1 sell force

      2 lost direction

      after price go down



      video click here


      Price Action Trading- Trapped traders

      Price Action Trading is the discipline of making all of your trading decisions from a naked price chart.
      This means no lagging indicators outside of a couple moving averages to help identify dynamic support and resistance areas and trend.
      All financial markets generate data about the movement of the price of a market over varying periods of time and this data is displayed on price charts.
      “Trapped traders” is a common price action term in price action trading.
      This refers to traders who have entered the market on weak signals, or before signals were triggered, or without waiting for confirmation.
      These traders find themselves in losing positions because the market turns against them. Any price action pattern that the traders used for a signal to enter the market is considered ‘failed’ and that failure becomes a signal in itself to price action traders.
      This thing is called a failed breakout, failed trend line break, failed reversal.
      It is assumed that the trapped traders will be forced to exit the market and if in sufficient numbers, this will cause the market to accelerate away from them.
      This provides an opportunity for the more patient traders to benefit from their duress. “Trapped traders” is therefore used to describe traders in a position that will be stopped out if price action hits their stop loss limit.
      Since many traders place protective stop orders to exit from positions that go wrong, all the stop orders placed by trapped traders will provide the orders that boost the market in the direction of the more patient traders bet on.
      Since 2009, the use of the term “trapped traders” has grown in popularity and is now a generic term used by price actions traders.
      This term is applied in different markets – stocks, futures, forex, commodities, etc.


      FOREX 400pips EURUSD trade harami inside harami

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